Marine Link
Wednesday, February 5, 2025
SUBSCRIBE

Offshore News

04 Feb 2025

Corvus ESS Powers the World's First Fully Electric Offshore Vessel

The eCSOV will have almost 25MW of Corvus battery installed and will be the world`s first fully electric offshore vessel Copyright_Bibby Marine Limited

Corvus Energy will deliver a mega-size battery system for the first fully electric offshore vessel ever to be built. The vessel is an electric Commissioning Service Operation Vessel (eCSOV) that will be constructed by Armon shipyard in Spain for UK-based shipowner Bibby Marine Ltd.For the project, Corvus Energy will supply its Blue Whale Battery Energy Storage System (BESS) delivering close to 25MWh of power for the vessel. According to Corvus, it will be the largest LFP (Lithium Iron Phosphate) battery system ever delivered to a maritime project.Unique…

04 Feb 2025

Coastal Virginia Offshore Wind Project Stays on Track with Cost Update

Copyright Rafael Henrique/AdobeStock

Dominion Energy, Inc. (NYSE: D) provided updates on the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project. The fully permitted project is now approximately 50% complete and remains on track for on-time completion by the end of 2026. CVOW continues to achieve construction milestones, including successfully installing the first 16 transition pieces, which connect the foundation and tower for each of the 176 wind turbines. Delivery of the first of three 4,300-ton offshore substations to the Portsmouth Marine Terminal in Virginia Beach occurred at the end of January.

04 Feb 2025

Japan's Mitsui Eyes Alaska LNG Project

© AA+W / Adobe Stock

Japanese trading house Mitsui could consider studying a project to liquefy natural gas (LNG) in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on Tuesday.Japan is considering offering support for a $44-billion gas pipeline in Alaska as it seeks to court U.S.

03 Feb 2025

Coastal Virginia Offshore Wind Project Remains on Track

Source: Dominion Energy

Dominion Energy has stated that the 2.6GW Coastal Virginia Offshore Wind (CVOW) project is now approximately 50% complete and remains on track for on-time completion at the end of 2026.CVOW is credited with creating 2,000 direct and indirect American jobs and $2 billion of economic activity.CVOW continues to achieve significant construction milestones including the successful installation of the first 16 transition pieces which serve as the junction between the foundation and tower for each of the 176 wind turbines.Delivery of the first of three 4…

03 Feb 2025

No New Offshore Wind Contracts for New Jersey

© Stockr / Adobe Stock

New Jersey officials on Monday said the state would not grant awards for new offshore wind contracts, a sign that U.S. President Donald Trump's order to review the federal offshore wind program is putting a chill on the industry.The announcement by the New Jersey Board of Public Utilities comes days after Shell backed out as a partner in the only project that had finalized a bid under the state's latest offshore wind procurement scheme.In a statement, the New Jersey Board of Public…

03 Feb 2025

Tariffs On Canadian & Mexican Crude Spark Debate

U.S. Refiners’ Adaptability and Resilience Remain the KeyRecent tariffs placed on Canadian and Mexican crude imports have generated much controversy among experts regarding their potential effects on U.S. refining industries. While some experts anticipate difficulty, analysis of past market trends indicates that American refiners can adapt quickly while maintaining competitive advantages in an ever-evolving marketplace.U.S. refining sector has an impressive track record of adapting quickly to shifting market conditions, regulatory changes and supply chain disruptions.

03 Feb 2025

WALLENIUS SOL Acquires British RoRo Operator

(Credit: WALLENIUS SOL)

Swedish shipping company WALLENIUS SOL has acquired British Mann Lines, expanding its customer base, service offerings and presence in key markets.WALLENIUS SOL, based in the Bay of Bothnia, has acquired Mann Lines, a provider of liner RoRo and container vessel services, logistics and forwarding.The acquisition reinforces WALLENIUS SOL’s platform for growth, supporting the development of a more sustainable and digitally driven shipping and logistics industry.“This acquisition strengthens WALLENIUS SOL's position as a reliable partner for customers in our key operating regions…

03 Feb 2025

Upward Trend for Alternative-Fueled Vessel Orders Continues in 2025

(Credit: DNV)

According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, a total of 12 new orders for alternative-fueled vessels were placed in January 2025, marking a continuation of the trend towards the fuel in the second half of 2024.All new orders placed came from the container segment, DNV’s AFI informed.“Although we have seen fewer orders for alternative-fueled vessels in January compared to other months, it follows a record-breaking year in 2024, and the overall outlook continues to be encouraging.

03 Feb 2025

Cadeler’s Wind Mover WTIV Lines Up First Offshore Wind Contracts

(Credit: Cadeler)

Danish offshore wind installation firm Cadeler has signed two contracts with undisclosed clients for the utilization of its newbuild wind turbine installation vessel (WTIV), Wind Mover, starting immediately upon delivery.The vessel, currently under construction at Hanwha Ocean Shipyard in Korea, will support operations and maintenance (O&M) activities, along with potential installation work, in Europe.The contracts, which are part of a combined agreement, will cover the entire period from Wind Mover’s arrival in Europe following its delivery from the shipyard, up until the vessel's next schedu

31 Jan 2025

Norwegian Police Boards Second Ship in Baltic Sea Cable Damage Probe

Silver Dania cargo ship (Credit: Silver Sea)

Norwegian police said on Friday they had seized and boarded a Norwegian ship with an all-Russian crew on suspicion of involvement in causing damage to a telecoms cable in the Baltic Sea, the second vessel to be named by investigators in the case.The Silver Dania cargo ship was seized at the request of Latvian authorities, and with the help of Norway's coast guard, police in the northern Norwegian city of Tromsoe said."It is suspected that the ship has been involved in serious damage to a fibre cable in the Baltic Sea between Latvia and Sweden…

31 Jan 2025

Cadeler Takes Delivery of Its Sixth Wind Turbine Installation Vessel

Wind Maker WTIV (Credit: Mikkel Gleerup/Cadeler)

Danish offshore wind installation firm Cadeler has taken delivery its new wind turbine installation vessel (WTIV) Wind Maker, the first of the two planned M-class vessels to join its growing fleet.Wind Maker was officially named at a naming ceremony at the Hanwha Ocean Shipyard in Korea, where the vessel was built.The ceremony, attended by Cadeler executives and key stakeholders, honored the collaborative efforts behind the making of the great vessel. The Godmother of Wind Maker is Sharon Ainslie – the wife of Seajacks’ founder…

31 Jan 2025

DEME Finds Work at Nordlicht Offshore Wind Cluster in Germany

(Credit: DEME)

DEME has secured two contracts, valued at over $300 million, for the transport and installation of 112 foundations at the Nordlicht 1 and 2 offshore wind farms in Germany, as well as providing scour protection for the projects.DEME will install 68 foundations and scour protection at Nordlicht 1 in 2026, followed by 44 foundations and scour protection at Nordlicht 2 in the following year.Several vessels will be deployed including DEME’s offshore installation vessel Orion, a jack-up vessel and a fallpipe vessel for the scour protection.The Nordlicht wind farm zone…

30 Jan 2025

Wind Propulsion Could Avert Premature Scrapping Crisis

Source: BAR Technologies

A new report from the UCL Energy Institute has highlighted the looming risk of maritime asset stranding, stating that a rapid energy transition could “lead to ‘premature scrapping’ of over a third of the fleet, valued at over $400 billion, unless they undergo costly retrofits to remain competitive in the wake of new GHG policies and wider energy transition.”The report reveals that existing vessels and newbuilds on order will produce double the emissions permissible under a 1.5°C-aligned carbon budget…

30 Jan 2025

First Coastal Virginia Offshore Wind Substation Checks In at US Port

CVOW substation at the Port of Virginia (Credit: Port of Virginia)

Port of Virginia’s Portsmouth Marine Terminal has welcomed the arrival of the first substation to be installed at the Coastal Virginia Offshore Wind (CVOW) project.The CS Wind Offshore and Semco Maritime consortium was selected by Dominion Energy in 2021 to deliver three 880 MW offshore substations for the project, under development by Dominion Energy.CVOW farm is located approximately 40 kilometers off the coast of Virginia Beach, and, once fully operational within the coming years…

30 Jan 2025

Aurora Offshore Welcomes First of Three Sea1 High-End Subsea Vessels

(Credit: Aurora Offshore)

Norwegian vessel management and operations services provider Aurora Offshore, pat of Borealis Group, has welcomed the first of three high-end subsea vessels to the fleet as part of vessels transfer agreed with Sea1 Offshore.The transferred ship, Siem Stingray, is a state-of-the-art subsea vessel built in 2014 and has a 250t AHC Crane, 1300 m2 Deck Area and Accommodation for 110 People.The change of management has been completed between the vessel’s work scope, which is on long term contract with Subsea7.Earlier in January, Aurora Offshore welcomed Siem Pearl and Siem Challenger to itsfleet.

30 Jan 2025

Court Overturns Approval for Two Massive UK North Sea O&G Fields

Copyright Jay/AdobeStock

A Scottish court has invalidated Britain's approvals for two major North Sea oil and gas projects, delivering a significant victory to environmental groups and raising uncertainty over future fossil fuel developments in the UK.The Court of Session in Edinburgh found that the government had unlawfully granted approval for Shell's Jackdaw gas field and Equinor's Rosebank oil and gas field by failing to consider the emissions generated when the extracted fuels are burned—known as downstream emissions.

30 Jan 2025

DeepOcean Lines Up Subsea Survey Work for Polish Offshore Wind Farms

Superior SROV (Credit: DeepOcean)

Ocean services provider DeepOcean has secured a subsea survey contract on the Bałtyk 2 and 3 offshore wind developments in Poland which are jointly developed by Equinor and Polenergia.Under the contract, DeepOcean will conduct geophysical seabed surveys of the export and inter-array cable seabed corridors, utilizing a dedicated survey remotely operated vehicle (SROV).The work scope also includes surveys to map the seabed for potential unexploded ordnances (UXO). Polish company MEWO will serve as a subcontractor to DeepOcean for the UXO scope…

29 Jan 2025

Approval Granted for Blue Ammonia FPSO

Source: MODEC

MODEC and Toyo Engineering have jointly obtained an Approval in Principle (AiP) from ABS for a Blue Ammonia FPSO that will produce ammonia from the gas supplied by a traditional FPSO located nearby.Blue ammonia is produced from hydrocarbons where the CO2 emitted during production is sequestrated.The Blue Ammonia FPSO will use gas which has conventionally been reinjected as feedstock.The FPSO will be equipped with a carbon capture and storage (CCS) system to capture the CO2 generated…

29 Jan 2025

Orsted, PGE Greenlight Poland Offshore Wind Farm

Copyright Dennis/AdobeStock

Poland's PGE and Denmark's Orsted have taken the final decision to build Baltica 2, a 1.5-gigawatt offshore wind farm on Poland's Northwestern coast, the companies said on Wednesday.Both companies will own 50% of the farm which is expected to be fully commissioned in 2027, a joint statement read."All major component and vessel contracts for Baltica 2 have been signed," the statement said, adding that most of the project's capital expenditure was locked in.Orsted and Poland's largest power group, state-controlled PGE, in 2021 decided to develop two offshore wind farms totalling 2.5 Gigawatts.PG

29 Jan 2025

Green Yard Kleven to Refit Oceanica’s AHTS Vessel with ROV Upgrade

Oceanicasub XVII vessel (Credit: Oceanica)

Green Yard Kleven and the Brazilian shipowner Oceanica have signed a contract to convert the vessel Oceanicasub XVII from an Anchor Handling Tug Supply (AHTS) vessel to a ship capable of performing Remote Operated Vehicle (ROV) operations.Oceanicasub XVII will be equipped with mezzanine decks for ROV equipment, extended crew capacity, and areas for charterers. At the same time, the ship will undergo a general upgrade and class re-approval.The UT712L anchor handler vessel was originally delivered from Green Yard Kleven as B313 back in 2007 under the name Rem Balder.

29 Jan 2025

Seanergy Maritime Grows Fleet with Two Japanese Ships

(Credit: Screenshot/Video by Seanergy Maritime Holdings Corp.)

Seanergy Maritime Holdings Corp. has entered into two definitive agreements with unaffiliated third parties in Japan for the purchase of a Japanese-built Newcastlemax vessel and a bareboat charter with a purchase obligation for one Japanese-built Capesize vessel, for approximately $69 million.The Newcastlemax was built in 2013 at Imabari Shipbuilding, Saijo Shipyard, and has a cargo-carrying capacity of approximately 207,851 deadweight tons (dwt).The vessel will be renamed Meiship and is expected to be delivered within the first quarter of 2025…

29 Jan 2025

ADNOC Opts for Seagliders for Offshore Energy Crew Transportation

ADNOC Logistics and Services (ADNOC L&S), part of the Abu Dhabi National Oil Company (ADNOC), has partnered with an Abu Dhabi seaglider operator to introduce REGENT seagliders into its fleet for offshore energy logistics services.The seagliders will provide high-speed, zero-emission transport of passengers to and from offshore energy infrastructure.Seaglider technology represents an innovative solution to increase efficiency in maritime transportation and advance the energy transition.ADNOC…

28 Jan 2025

Crew Flees Hong Kong-Flagged Ship Amid Fire in Red Sea

ASL Bauhinia container ship (Credit: Asean Seas Line)

The crew of the Hong Kong-flagged ASL Bauhinia have abandoned the container ship in the Red Sea after it caught fire on Tuesday, two maritime sources said, adding the cause of the incident was not immediately clear.The crew were rescued by another vessel and are safe, the sources said, adding that the incident took place in the open sea off Yemen.The Shanghai-based manager of ASL Bauhinia, Asean Seas Line, was not immediately available for comment.Earlier this month, Yemen's Iran-aligned Houthi militia said the group would limit their attacks on commercial vessels sailing through the Red Sea t

28 Jan 2025

Italian Navy Ship Transports Migrants to Albania

© Wojciech Wrzesień / Adobe Stock

An Italian navy ship carrying 49 migrants picked up in international waters arrived in Albania on Tuesday, amid a new attempt by Italy to push ahead with a legally contested plan to relocate migrants to the neighbouring country.The navy ship Cassiopea with the migrants reached the Albanian port of Shengjin early on Tuesday, according to a Reuters witness.

27 Jan 2025

Tidal Transit Finds Asian Partners to Build OW Support Vessel Fleet for Korea

(Credit: Tidal Transit)

Tidal Transit has signed a memorandum of understanding (MoU) with two Asian firms to develop, fund, build and operate offshore support vessels for the South Korean offshore wind industry.The U.K. supplier of purpose-design crew transfer vessels for the offshore wind industry Tidal Transit teamed up with Britoil Offshore Services, based in Singapore, and Sky Offshore, based in South Korea, to support the growing offshore wind industry in South Korea.Making strong headways to becoming a leading force for renewable energy in Asia…

27 Jan 2025

Huisman to Deliver Crane for Penta-Ocean’s Offshore Wind Heavy Lift Vessel

(Credit: Huisman)

Huisman has been awarded a contract from Penta-Ocean Construction to deliver a 5,000 mt Tub Mounted Crane along with a monopile handling system, including a motion compensated pile gripper, for a new heavy lift vessel designed for Japanese offshore wind market.Developed collaboratively with Penta-Ocean Construction and vessel designer Ulstein, the concept seamlessly integrates the crane and handling tools into Penta-Ocean Construction’s new heavy lift vessel.Designed for the Japanese offshore wind market…

26 Jan 2025

DOI Implements GoM Name Change

© frank / Adobe Stock

As directed by the President, the US Department of Interior (DOI) has announced that Gulf of Mexico (GoM) will officially be known as the Gulf of America.The U.S. Board on Geographic Names, under the purview of the Department of the Interior, is working expeditiously to update the official federal nomenclature in the Geographic Names Information System to reflect the change, effective immediately for federal use. “The Gulf of America, formerly known as the Gulf of Mexico, is one of the most vital assets in the Nation’s history and economy. Spanning over 1,700 miles of U.S.

24 Jan 2025

Baker Hughes: US oil & gas rig count at lowest since Dec 2021

(c) LukasZ / Adobestock

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, fell by four to 576 in the week to Jan. 24. RIG-USA-BHI, RIG-OL-USA-BHI, RIG-GS-USA-BHIBaker Hughes said this week's decline puts the total rig count down 45, or 7% below this time last year.Baker Hughes said oil rigs fell by six to 472 this week…

24 Jan 2025

Solstad Offshore Scoops Multiple Vessel Contracts

Normand Jarstein CSV (Credit: Solstad Offshore)

Norwegian offshore vessel owner Solstad Offshore has secured contracts with undisclosed clients for three of its offshore support vessels.The vessels that have been hired are Normand Jarstein, Normand Australis, and Normand Scorpion.Normand Jarstein construction support vessel (CSV) has been awarded a 135 days firm plus option contract for providing subsea support and services, partnering with Omega Subsea. The vessel will operate in West Africa, with the start in March 2025.Normand Australis CSV has been awarded a 200 days firm plus 90 days option contract for a renewable energy project.

24 Jan 2025

Sulmara Assists Fuel Recovery Op from Typhoon-Struck Cargo Ship

Aerial view of recovery operation (Credit: Dong Fang Offshore)

Scottish subsea specialist Sulmara has supported a major fuel recovery operation from typhoon-struck cargo ship in shallow waters off Taiwan.At the request of the Taiwanese government, Sulmara mobilized a WAM-V 16 uncrewed surface vehicle (USV) and a team of survey specialists to assist in the emergency fuel recovery operation for the heavy transport vessel, Yu Zhou Qi Hang.The operation was launched to help salvage cargo from the heavy transport vessel which ran aground with almost 300 t of fuel oil on board during one of the worst typhoons to hit Taiwan in decades.The 143-meter-long vessel…

24 Jan 2025

VIDEO: AIRCAT Crewliner takes Shape to Service Offshore for TotalEnergies Angola

Image courtesy Aircat Vessels

AIRCAT Vessels, in collaboration with ESNA, delivered the first three AIRCAT 35 Crewliners, a 35-m Surface Effect Ship (SES) technology vessel that can reach speeds of more than 50 knots even in challenging maritime conditions.Each vessel has a capacity of 80 passengers with a cabin designed to business class standards. In addition, two operational modes have been integrated to help ensure comfort: The Motion Control System (MCS), enabling safe passenger transfers even in wave heights of up to 2.5 meters.A collaborator on the project was Strategic Marine during the construction process…

24 Jan 2025

MOL Picks Up Long-Term Charter for Three VLECs with Thai Firm

Rendering of VLEC vessel (Credit: Samsung Heavy Industries)

Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for three newbuilding very large ethane carriers (VLECs) with SCG Chemicals, a wholly owned subsidiary of Thailand's Siam Cement Group (SCG).The 100,000 m3 VLECs, spanning 230 meters in lengths and with breadths of 36.6 meters, will be built at Samsung Heavy Industries, and are scheduled for delivery in 2027.The vessels will be equipped with dual-fuel ethane propulsion engines, which will reduce greenhouse gas, sulfur oxide…

23 Jan 2025

Naval Fleets power Vestdavit's record 2024 sales

Vestdavit is increasing davit deliveries to military vessels on the ramp-up of naval fleet investments worldwide. Photo: Vestdavit

Vestdavit has achieved a new sales record for the third successive year as its order intake hit an all-time high of Nkr380m in 2024, fueled by increased davit orders from its core naval market as well as the offshore energy sector.“It has been another fantastic year. The significant orders boost was achieved despite a transition in our Sales & Marketing department that saw us start the year with an almost entirely new sales team, which hit the ground running to deliver impressive growth through quickly developing good customer relations…

23 Jan 2025

AIRCAT 35 Crewliner Vessels Delivered to Service TotalEnergies Angola

Image courtesy Aircat Vessels

AIRCAT Vessels, in collaboration with ESNA, delivered the first three AIRCAT 35 Crewliners. Designed to meet the demanding needs of the oil and gas sector, the 35-m vessels, based on SES (Surface Effect Ship) technology, achieve speeds of more than 50 knots, even in challenging maritime conditions. Each vessel has a capacity of 80 passengers with a cabin designed to business class standards. In addition, two operational modes have been integrated to help ensure comfort:The Ride Control System (RCS)…

22 Jan 2025

RODA responds to Trump EO on Offshore Wind & Permitting

(c) Bonnie Brady / RODA

The Responsible Offshore Development Alliance (RODA) extends gratitude to President Trump for his decision to temporarily withdraw all areas on the Outer Continental Shelf (OCS) from consideration for new or renewed wind energy leasing.This important move recognizes the vital role our communities, industries, and ecosystems play in the broader national interest. The decision is a much-needed pause that allows us to reassess the future of offshore wind development and its potential…

22 Jan 2025

Asyad Group Outlines Plans to Sell 20% of Shipping Business via IPO

(Credit: Asyad Group)

Oman's state-owned logistics firm Asyad Group plans to sell shares in its shipping subsidiary through an initial public offering, it said on Wednesday, as part of the Gulf country's privatization drive.The group, owned by Oman's sovereign wealth fund, plans to sell a stake of at least 20% in Asyad Shipping Co and float it on the Muscat stock exchange, it said in document detailing its intention to float."The intended listing would provide investors with the opportunity to invest in one of the world's largest diversified maritime shipping companies and a key player in the Omani economy…

22 Jan 2025

Solstad Plans Oslo Stock Exchange Listing

(Credit: Solstad Offshore)

Norwegian vessel owner and services provider Solstad Maritime Holding has outlined plans to apply for a listing of its shares on Euronext Oslo Børs during the second quarter of 2025.The listing is in line with the company’s previously expressed intention to list within 12 months after completion of its $66 million (NOK 750 million) equity raise in June 2024, and supported by its three main shareholders, Aker Capital (42%), Solstad Offshore (27.3%), and AMSC (19.6%).Solstad Maritime Holding’s listing is expected to facilitate further growth and development of the company’s business…

21 Jan 2025

Rystad Energy: No Surprises on Trump’s Day 1

Source: Rystad Energy

Donald Trump’s first day as president saw him take action on the energy industry, but there were no surprises, says Rystad Energy’s Head of New Energies Research, Artem Abramov.“In line with his election promises, Trump declared a national energy emergency and set out a general policy direction aimed at accelerating domestic oil and gas supply, immediately revoking former President Joe Biden’s pause on new LNG permitting.“In terms of the impact on low-carbon energy sectors, our…

21 Jan 2025

European firms exposed as Trump targets US offshore wind

(c) maximages / Adobestock

U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.Former President Joe Biden supported the offshore wind industry, setting a target for 30 gigawatts (GW) of projects by 2030, up from 42 megawatts at the end of 2023, prompting many European project developers to acquire leases and plan wind farms in the United States.Trump's executive order is not expected to stop existing U.S.

21 Jan 2025

OMSA's Aaron Smith Reflects on Offshore Wind Development Pause

Aaron Smith (c) OMSA

The Offshore Marine Service Association (OMSA) views President Trump’s Presidential Memorandum to pause offshore wind development projects as a critical opportunity to reassess the industry’s direction.While offshore wind offers tremendous potential for economic growth and job creation in the U.S., OMSA agrees that over-reliance on foreign renewable energy companies, foreign vessels, and foreign mariners to build American offshore wind farms undermines these benefits and is deeply problematic.“The offshore oil industry was born in South Louisiana…

21 Jan 2025

MOL Grows Dry Bulk Carrier Fleet with Gearbulk Acquisition

(Credit: MOL)

Mitsui O.S.K. Lines (MOL) has completed the acquisition of 72% shares in Gearbulk, growing its fleet of dry bulk carriers to 338 vessels.The completion of acquisition means Gearbulk is now MOL’s consolidated subsidiary.Gearbulk has a proven track record of growth through the transport of semi-finished products such as pulp. MOL has had a 34-year partnership with Gearbulk since its equity participation in 1991.With the consolidation, the MOL Group's fleet of dry bulk carriers will total 338 vessels…

21 Jan 2025

DeepOcean Extends Charters for Three Subsea Construction Vessels

Edda Freya vessel (Credit: DeepOcean)

Ocean services provider DeepOcean has cemented its subsea offering with the extension of its charter agreements with Østensjø Rederi for three vessels.DeepOcean’s most advanced subsea vessel, Edda Freya, will remain part of the fleet through 2026, with additional options available.DeepOcean and Østensjø Rederi have agreed to extend the existing contracts for Edda Freya and Edda Flora through 2026, and Edda Fauna through 2027, with additional options available for all three vessels.Østensjø Rederi has been a partner of DeepOcean since its inception.

21 Jan 2025

Trump: Second Term, Second Withdrawal from Paris Climate Agreement

© DarwelShots / Adobe Stock

President Donald Trump once again withdrew the United States from the Paris climate deal on Monday, removing the world's biggest historic emitter from global efforts to fight climate change for the second time in a decade.The move places the United States alongside Iran, Libya and Yemen as the only countries in the world outside the 2015 pact, in which governments agreed to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial levels to avoid the worst impacts of climate change.It reflects Trump's skepticism about global warming…

20 Jan 2025

NOIA Ready to Drive Offshore Energy with Trump Administration

(c) Thitiyakorn Adobestock

National Ocean Industries Association President Erik Milito issued the following statement regarding the inauguration of President Donald Trump:"American offshore energy stands as a cornerstone of our nation's greatness. We are committed to working alongside the new administration and Congress to advance all facets of American offshore energy. Our focus is clear: achieving American energy dominance, driving innovation, ensuring market stability, lowering energy costs for future generations…

20 Jan 2025

Qatar Bolsters Safety of Offshore Assets with Vissim’s Monitoring System

(Credit: Vissim)

Norwegian technology company Vissim has been hired to deliver a Centralized Vessel Monitoring and Alerting System (CVMAS) to Qatar.The system is designed to enhance safety and security for offshore assets, improve efficiency in vessel logistics, and contribute towards reduced CO₂ emissions and increased maritime situational awareness.CVMAS will provide comprehensive monitoring and alerting capabilities, covering Qatar’s coastline and more than 300 offshore assets.The core of Vissim’s technology is a specially designed software platform which…

20 Jan 2025

Six US LNG Cargoes Diverted from Asia to Europe

© vladsv / Adobe Stock

Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to analysts and shipping data.The diverted cargoes could help meet additional European demand as countries seek to replace piped Russian gas after the Ukraine transit deal expired on Jan. 1, while weather forecasts point to lower temperatures in northwest Europe.The vessels had loaded in the U.S.

17 Jan 2025

APA Applauds Withdrawal of NARW Speed Restriction Regulations

(c) Bill Keefrey / Adobestock

On January 16, 2025, the National Marine Fisheries Service (NMFS) formally withdrew its August 1, 2022, Notice of Proposed Rulemaking (NPRM) that sought amendments to the North Atlantic Right Whale Vessel Strike Reduction Rule that would have had the unintended consequences of endangering pilots, weakening navigation safety, and damaging the maritime supply chain on the East Coast. While the American Pilots’ Association (APA)  announced that it welcomes the proposal’s withdrawal…

17 Jan 2025

SouthCoast Wind gets final BOEM nod

(c) Zozulinskyi / Adobestock

The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision. “We are proud to announce BOEM’s final approval of the SouthCoast Wind project, the nation’s eleventh commercial-scale offshore wind energy project, which will power more than 840,000 homes,” said BOEM Director Elizabeth Klein. "...

16 Jan 2025

A New Use for Old Jackets

Source: ULTFARMS

Global aquaculture production has already exceeded wild fisheries production, and space constraints in coastal areas have driven interest in the viability of combining aquaculture with offshore energy installations. New ideas keep coming.An article published in Heliyon this month assessed the potential for growing high-value algae species on decommissioned oil and gas jackets.Algal aquaculture is growing at 8.9% annually and became an $22 billion industry in 2024. There are an estimated 7…

16 Jan 2025

BOEM Finalizes Offshore Wind Fisheries Mitigation Guidance

© Leigh Trail / Adobe Stock

The US Bureau of Ocean Energy Management (BOEM) has finalized guidance aimed at mitigating the impacts of offshore wind energy projects on commercial and for-hire recreational fisheries.It provides a national framework for addressing social and economic impacts on the fishing industry and establishes clear processes for the offshore wind industry to address potential disruptions to fisheries. It ensures consistency and promotes fair treatment of fishermen, regardless of their home or landing port.The guidance emphasizes early engagement and transparency with fishing communities…

16 Jan 2025

Allseas to Electrify Launch and Recovery Systems

Source: Allseas

Allseas has commissioned MacArtney to replace existing hydraulic launch and recovery systems (LARS) with the all-electric eLARS on three vessels.The scope comprises three over-the-side 150 kN all-electric A-frames, including docking head and AHC winch, for a new fleet of electric remotely operated vehicles (ROVs) used in survey and construction tasks to water depths of 4-6 kilometers.One system is planned to be mobilized on Pioneering Spirit, the largest, most versatile offshore construction vessel in the world…

16 Jan 2025

Delayed Energy Transition Could Mean Higher Hydrocarbon Prices

Source: Wood Mackenzie

As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on future oil and gas supply, but meeting this demand would require a significant increase in upstream investment, resulting in higher hydrocarbon prices, according to the latest Horizons report from Wood Mackenzie.According to the report “Taking the strain: how upstream could meet the demands of a delayed energy transition”, a variety of external pressures have weakened…

16 Jan 2025

Oil Dips on Larger US Crude Draw, Russia Sanctions

©TensorSpark/AdobeStock

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.Brent crude futures were down 12 cents, or 0.15%, to $81.91 per barrel at 1415 GMT, after rising 2.6% in the previous session to their highest since July 26.U.S. West Texas Intermediate crude futures were down 18 cents, or 0.22%, to $79.86 a barrel, after gaining 3.3% on Wednesday…

16 Jan 2025

BP to slash over 5% of workforce

©Worakit/AdobeStock

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant.Around 4,700 employees and 3,000 contractor positions will be cut this year, BP BP.L told Reuters. The cuts were announced in an internal memo seen by Reuters earlier on Thursday.BP shares were up 1% at 1200 GMT.Auchincloss last year said he would cut the British company's costs by at least $2 billion by…

15 Jan 2025

NextGeo Buys Another Geophysical Survey Vessel

(Credit: SeaMar Subsea)

Italian offshore services provider Next Geosolutions (NextGeo) has acquired a geophysical survey vessel from Dutch company SeaMar Subsea for $21.5 million.The Deep Helder vessel will be renamed NG Surveyor, and will be used for geophysical, geotechnical, environmental, and UXO (unexploded ordnance) survey activities. Built in 2014, NG Surveyor is 64.8 meters long, 15.8 meters wide, and features a 500 m2 deck space.Equipped with a Dynamic Positioning Class II (DP2) system, it can accommodate up to 48 personnel.Following the vessel's delivery…

15 Jan 2025

New US Energy Department Chief to Call for More LNG

© Mike Mareen / Adobe Stock

Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power.Wright, 59, believes fossil fuels are the key to ending world poverty, which is a greater problem than climate change's "distant" threat, according to a report he wrote as CEO of oilfield services company Liberty Energy LBRT.N.Wright supports some fossil fuel alternatives…

14 Jan 2025

Feurtado named Manager – Marine Systems at TDI Brooks Int'l

Frank Feurtado (c) TDI Brooks

TDI Brooks announced the appointment of Frank Feurtado as Manager – Marine Systems.With an impressive career spanning over 25 years in the international maritime industry, Frank initially served as a Marine Electronics Technician before climbing the ranks to become a Captain. Since 2000, he has led marine operations across Europe, Asia, and the Americas, significantly contributing to the development and success of Offshore Oil & Gas divisions for two of the world’s leading Shipmanagement companies.In his new capacity at TDI Brooks…

14 Jan 2025

DFDS Links Spain and Netherlands Via New Freight Route

(Credit: DFDS)

Danish shipping company DFDS is launching a weekly freight service connecting Spain and the Netherlands, aimed at serving the needs of industrial customers, freight forwarders and project cargo owners.In connection with the new route, DFDS and Hydro, a global aluminium and energy company, have signed an agreement for weekly shipment of aluminium. Starting from end May, the new route will connect the ports of Vilagarcía and Rotterdam, offering a direct ferry link from southern…

14 Jan 2025

Bibby Marine Inks Shipbuilding Contract for eCSOV with Spanish Shipyard

(Credit: Bibby Marine)

Bibby Marine has signed a new shipbuilding contract with Spanish shipyard Armon to build its electric Commissioning Service Operation Vessel (eCSOV) for offshore wind industry.The eCSOV will feature a battery system complemented by dual-fuel methanol engines offering alternative green operating solutions.With the capability to operate solely on battery power for a typical full day of operations, the range of the vessel will allow for passage from field to port and return.Integrating…

14 Jan 2025

NYK Launches Japan’s Offshore Wind Ship Management Firm

(Credit: NYK)

NYK and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance and management services for offshore wind power projects, as well as training and employment for seafarersBy actively recruiting local talent, JOS will contribute to the development of offshore wind power projects and the revitalization of the local community in Akita Prefecture.JOS will be mainly responsible for the maintenance and management of crew transfer vessels…

13 Jan 2025

Trump's Likely First Energy Policy Moves

© vladsv / Adobe Stock

President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.Here are some of the energy-related executive orders Trump could announce during his first days in office, as he seeks to follow through on that promise.CLIMATE WITHDRAWALTrump could order the U.S. to withdraw from the 2015 Paris Agreement, an international pact to fight climate change and limit the rise in global temperatures by slashing fossil fuel-related emissions. Trump withdrew the U.S.

13 Jan 2025

Solstad Offshore’s CSV Gets Multi-Year Contract

Normand Frontier CSV (Credit: Solstad Offshore)

Norwegian offshore vessel owner Solstad Offshore has been awarded a three-year contract with an international contractor for its construction support vessel (CSV) Normand Frontier.The firm contract has an immediate startup and will keep the Normand Frontier fully committed until end 2027, Solstad Offshore said.No additional details about the client or the value of the contract have been disclosed, except that the vessel will support the client’s operations worldwide.As part of the charter party…

13 Jan 2025

DEME, Van Oord Secure Offshore Wind Work in Taiwan

DEME's Jade vessel (Credit: DEME)

DEME and Van Oord have secured separate contracts from Copenhagen Infrastructure Partners (CIP) for installation works at the 500 MW Fengmiao 1 offshore wind farm in Taiwan.DEME, through its Taiwanese joint venture CDWE, has been awarded a substantial contract for the transport and installation of foundations and the offshore substation for the Fengmiao 1 offshore wind farm in Taiwan.For DEME, substantial contract means it is valued between $155 million and $310 million.CDWE is responsible for the transport and installation of 33 jacket foundations…

12 Jan 2025

Brazil’s President Authorizes Offshore Wind Development

© Fokke Baarssen / Adobe Stock

Brazilian President Luiz Inacio Lula da Silva has signed into law a bill authorizing the development of offshore wind farms, a statement said late on Friday, a bid to strengthen the country's energy security and spark a wave of investment.The new law foresees incentives for the development of offshore energy projects in Brazilian territorial waters, the statement said.Offshore wind speeds tend to be faster and steadier than on land, a potential advantage compared with wind farms built in a continent.

10 Jan 2025

BOEM Boosts Monetary Penalties for Oil & Gas firms

©Worakit/AdobeStock

Today, the Bureau of Ocean Energy Management (BOEM) announced a final rule that implements the 2025 inflation adjustments for the maximum daily civil monetary penalties contained in BOEM regulations in accordance with Federal law.The Federal Civil Penalties Inflation Adjustment Act Improvements Act (FCPIAA Improvements Act) of 2015 requires Federal agencies to adjust the level of civil monetary penalties for inflation annually. These adjustments are intended to maintain the deterrent…

10 Jan 2025

Record Year for Alternative-Fueled Vessel Order with LNG at Forefront, DNV Finds

The 2024 represented an unprecedented year for maritime industry when it comes to orders for alternative-fueled vessels, driven mainly by liquefied natural gas (LNG), according to the latest data from DNV’s Alternative Fuels Insights (AFI) platform.A total of 515 alternative-fueled such ships were ordered, excluding LNG carriers, representing a 38% year-on-year increase compared to 2023, underscoring the industry's growing commitment to decarbonization.The growth in alternative…

09 Jan 2025

OP/ED: When it Comes to Offshore Energy, Be Careful What You Wish For

©HC FOTOSTUDIO/AdobeStock

You just might get it.In the waning days of the Biden administration, the executive orders and such that get announced seemingly on a daily basis signal countless victories for that side of the equation. And, no matter which side of that great divide that you reside on, it is likely that some of those edicts will be quickly reversed by the incoming President. Of course, much of this is likely irreversible. No where is that more apparent than Biden's order to withdraw 625 million acres of ocean from new offshore oil and gas development.U.S.

09 Jan 2025

Kongsberg Consolidates Maritime Business Units

(Credit: Kongsberg)

Kongsberg has unveiled plans to integrate the maritime-focused business Kongsberg Digital into Kongsberg Maritime to further align its portfolio with future customer needs and technological advancements in the maritime industry.The integration of Konsberg’s business units will take place in the first quarter of 2025.The business to be transferred represented revenues of approximately $53 million in 2023. The transfer involves around 500 employees located in 14 countries. These…

08 Jan 2025

Shell Comes Up Dry Offshore Namibia

©HC FOTOSTUDIO/AdobeStock

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude producer.Shell told Reuters that discovered oil and gas resources in offshore block PEL39 in Namibia "cannot currently be confirmed for commercial development."Shell and its partners QatarEnergy and Namibia's national oil company first discovered hydrocarbon in block PEL39 in 2022, which together…

08 Jan 2025

USCG RADM Timme (Ret.) Joins OMSA as Senior Advisor

Richard V. Timme, OMSA Senior Advisor (c) OMSA

The Offshore Marine Service Association (OMSA) announced that Rear Admiral Richard V. Timme, U.S. Coast Guard (Ret.), has joined OMSA as a Senior Advisor.This appointment underscores OMSA’s longstanding commitment to working collaboratively with the U.S. Coast Guard (USCG) and other regulatory agencies to develop practical, common-sense solutions that enhance the safety and security of the U.S. maritime industry.“I’m excited to join the OMSA team and continue more than three decades of service to the maritime community,” said Admiral Timme. “OMSA members are a crucial part of our U.S.

08 Jan 2025

AES Acquires CWind from Inspirit Capital

(c) AES Group

All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's mission to expand its footprint in the renewable energy sector and reinforces its commitment to driving the global transition to clean energy.Founded in 2010, CWind Ltd is known for delivering comprehensive support to the offshore wind industry, including crew transfer vessels, asset management, and turnkey engineering services.

08 Jan 2025

SEA-CARE Team to Tackle Maritime Safety Challenges Via Improved Data Sharing

(Credit: Inmarsat Maritime)

Inmarsat Maritime, a Viasat company, supported by Maritime London, have established SEA-CARE as a new industry working group whose goal is to scrutinize maritime safety and how pooling information can improve it.The new working group, comprised of stakeholders from industry, regulators, and the UK government, establishes Maritime London as an impartial broker to ensure that the right organizations are represented in SEA-CARE discussions between Inmarsat and industry stakeholders.Jos Standerwick…

08 Jan 2025

DeepOcean Adds High-Spec Subsea Vessel to Its Fleet

Orient Adventurer (Credit: DeepOcean)

Ocean services provider DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer.The new capacity aligns with the company’s service offerings and subsea capabilities across both the offshore renewables and conventional energy sectors in multiple regions.Under a new contract with Dong Fang Offshore (DFO), DeepOcean will take on the Orient Adventurer as part of its fleet from early 2026 until the end of 2027.The agreement includes options for up…

07 Jan 2025

Trump Says He Will Revoke Offshore Drilling Ban Immediately

© Mike Mareen / Adobe Stock

U.S. President-elect Donald Trump said on Tuesday he will move quickly to revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden."Banning offshore drilling will not stand. I will reverse it immediately," Trump said at a news conference. He added: "I will revoke the offshore oil, gas drilling ban in vast areas on day one."Republican Trump takes office on Jan.

07 Jan 2025

Damen Delivers Patrol Vessel for Nigeria’s Oil and Gas Sector

FCS 3307 patrol vessel (Credit: Damen)

Damen Shipyards Cape Town has delivered an FCS 3307 patrol vessel to Homeland Integrated Offshore Service (Homeland IOSL) in Nigeria.This vessel, on charter with an international energy company, will perform offshore patrol duties to enhance the security of personnel, assets, and the environment in Nigerian maritime territories.This delivery marks the tenth Damen vessel to join the Homeland fleet, reflecting ongoing fleet expansion efforts.The FCS 3307 Patrol is equipped with Damen’s advanced Sea Axe hull technology…

06 Jan 2025

Strategic Marine Delivers Offshore Crew Transfer Vessel to AES

(Credit: Strategic Marine)

Singapore-based shipbuilder Strategic Marine has delivered its first Surface Effect Ship (SES) to All Energies Services (AES), specifically designed for offshore crew transfer operations within the oil and gas sector.The contract marks a major step in Strategic Marine’s ongoing collaboration with AIRCAT Vessels, ESNA – Espeland and Skomedal Naval Architects and AES bringing a 35-meter SES vessel to life.The SES vessel reaches speeds of over 50 knots and offers seamless offshore transfers in challenging sea conditions of up to 2.5 meters.“We are delighted to deliver our first SES to AES…

05 Jan 2025

Biden Expected to Ban Oil and Gas Development on Millions of Offshore Acres

© Lucasz Z / Adobe Stock

President Joe Biden is set to ban new offshore oil and gas development across 625 million acres (250 million hectares) of U.S. coastal territory, Bloomberg News reported on Friday.The ban, to be announced on Monday, rules out the sale of drilling rights in stretches of the Atlantic and Pacific oceans and the eastern Gulf of Mexico, said the report, citing unidentified people familiar with the matter.Biden is leaving the possibility open for new oil and natural gas leasing in the central and western areas of the Gulf of Mexico…

03 Jan 2025

BOEM Advances Offshore Wind Leasing in Guam

In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the publication of a Call for Information and Nominations (Call) for possible wind energy leasing off the coast of the U.S. Pacific Territory of Guam.This Call will gather public comments to inform potential leasing areas, and results from close collaboration with the Government of Guam, which aims to generate 50 percent of its electricity from renewable energy sources by 2035 and 100 percent by 2045.“Responsible offshore wind development off Guam’s coast offers a vital opportunity to expand clean energy…

03 Jan 2025

Trump to UK: Get Rid of North Sea "Windmills"

Copyright Ian Dyball/AdobeStock

With the British government's announced plan to increase the windfall tax on North Sea oil and gas producers to 38% from 35% and extend the levy by one year, a move to fund renewable energy projects, U.S. President-elect Donald Trump took to his social media platform Truth Social to implore the UK to "open up" the British North Sea and get rid of windmills."The U.K. is making a very big mistake. Open up the North Sea. Get rid of Windmills!" Trump's post said.As Monday, January 20, 2025 grows closer -- inauguration day for the incoming U.S.

02 Jan 2025

DFDS Gets 20-Year Ferry Services Contract in Channel Islands

© Natalia Bratslavsky / Adobe Stock

DFDS and the government of Jersey have signed a contract under which DFDS will provide freight and passenger services connecting Jersey of the Channel Islands to the UK and France for 20 years.Beginning 28 March 2025, the new service will include routes from Jersey to Poole and Portsmouth in the U.K., and Saint-Malo in France.DFDS committed to increase the frequency of ferries to address high demand in peak periods, introducing high-speed ferries to the UK and investing in three new vessels by 2032."We are excited to embark on this journey with Jersey and the local community.

02 Jan 2025

Equinor Reaches Financial Close for Empire Wind 1 Offshore Wind Project

South Brooklyn Marine Terminal (Credit: Equinor)

Equinor’s Empire Wind 1 project in the United States has now secured a project financing package of over $3 billion, reaching a financial close at the end of December 2024.The expected total capital investments, including fees for the use of the South Brooklyn Marine Terminal (SBMT), are approximately $5 billion including the effect of expected future tax credits (ITCs).The Empire Wind lease was awarded to Equinor in 2017. It is being developed in two phases, Empire Wind 1, with a contracted capacity of 810 MW…

02 Jan 2025

Crew Member Missing from Rio Tinto’s Bulk Carrier Heading to Australia

© woodpencil / Adobe Stock

Mining company Rio Tinto has reported that a deck fitter on board its bulk carrier RTM Zheng He, travelling from China to Western Australia, went missing.A deck fitter, named Gel Aguaviva, was reported missing on December 26, 2024.Rio Tinto said an extensive and ongoing search and rescue operation has been conducted over the past seven days, with the company working in collaboration with RTM Zheng He ship and crew manager, Anglo Eastern, and relevant authorities.The Philippine Coast Guard is leading the search and rescue operation."Our thoughts are with Gel's family…

02 Jan 2025

BP’s Greater Tortue Ahmeyim Produces First Gas in West Africa

The GTA FPSO (Credit: BP)

BP has started gas flow from Greater Tortue Ahmeyim (GTA) Phase 1 deepwater project, offshore Mauritania and Senegal.The gas from wells at the GTA Phase1 liquefied natural gas (LNG) project now flows to the floating production storage and offloading (FPSO) vessel for the next stage of commissioning. The GTA FPSO, located approximately 40 kilometers offshore, arrived to Mauritania and Senegal in the second quarter of 2024. It is designed to process over 500 million standard cubic feet of gas per day.

31 Dec 2024

Irish Coast Guard responded to 2,554 incidents in 2024

2024 was another busy and eventful year for the Irish Coast Guard. The year in figures:The 44 Coast Guard Units were mobilised on 1,154 separate occasions this year;Coast Guard Helicopters conducted 752 missions;Critical assistance was provided to 537 persons (preventing loss of life, and/or delivery to appropriate medical care);Coast Guard helicopters conducted 134 air ambulance flights in support of the offshore island communities;Royal National Lifeboat Institution lifeboats were launched on 699 occasions; andCommunity inshore rescue service was launched  for 73 taskings in 2024.Throughout the year, the Coast Guard coordinated 2,554 incidents which included search and rescue, maritime casualty responses and pollution and preparedness responses.

30 Dec 2024

Three Migrants Die as Boat Capsizes Between France and UK

© Boris V. / Adobe Stock

At least three migrants died in the Channel off northern France on Sunday as a group of around 50 people tried to set off in a small boat heading for Britain, authorities said.The incident occurred at Sangatte at around 6 a.m. (0500 GMT) during a series of attempted crossings by migrants aiming for the southern coast of England, the French maritime prefecture for the Channel said in a statement.Three migrants were confirmed dead after being found unconscious, while another 45 people were rescued and treated mostly for hypothermia…

30 Dec 2024

Finnish Patrol Vessel to Assist Oil Tanker Following Engine Failure

© broccoli.studio / Adobe Stock

The Finnish coast guard said on Monday it was deploying one of its patrol vessels and a tugboat to assist an oil tanker that suffered engine failure in the Gulf of Finland, seeking to prevent environmental damage.The 183-metre (600 feet) Panama-flagged M/T Jazz oil tanker had been drifting south of Finland's Hanko Peninsula before anchoring in the area, the coast guard said in a statement.The incident was not believed to be related to the recent damage to undersea power and telecoms cables in the area, and seabed infrastructure was not at risk when the ship anchored, the coast guard said.The J

30 Dec 2024

Drag Marks Found on Baltic Seabed After Finland-Estonia Interconnector Damage

© Jesper / Adobe Stock

Finnish police said on Sunday they had found tracks that drag on for dozens of kilometres along the bottom of the Baltic Sea where a tanker carrying Russian oil is suspected of breaking a power line and four telecoms cables with its anchor.The Cook Islands-registered Eagle S was boarded by Finnish police and coast guard officials on Thursday and sailed into Finnish waters where the crew of the impounded tanker is being questioned.Baltic Sea nations have been on high alert after a string of outages of power cables, telecom links and gas pipelines since Russia invaded Ukraine in 2022.

30 Dec 2024

Subsea7 Secures IRM Job at Türkiye’s Sakarya Gas field

Illustration (Credit: Subsea7)

Offshore services firm Subsea7 has secured a ‘sizeable’ contract by Turkish Petroleum Offshore Technology Center (TP-OTC) to provide inspection, repair and maintenance (IRM) services for the Sakarya gas field development in the Black Sea.The contract scope includes project management and engineering executed and managed from Subsea7 offices in Türkiye and Scotland, as well as the provision of equipment, including two work-class remotely operated vehicles (ROVs).Also, Subsea7 will…

30 Dec 2024

Shell Contains Oil Leak at Processing Unit in Singapore

(Credit: MPA)

Shell has contained the oil leak from its oil processing units at the Shell Energy and Chemical Parks at Pulau Bukom in Singapore, following the shut down of facilities to investigate the source of the leak.Efforts by Shell to locate the source of the leak in the oil processing unit are ongoing, according to an update by Singapore's Maritime and Port Authority (MPA).Additional containment and absorbent booms have been laid in the channel and at the mouth of the channel as precautionary…

30 Dec 2024

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Castorone  vessel (Credit: Saipem)

Saipem’s pipelay vessel Castorone has crossed the Bosphorus Strait in Türkiye, continuing its journey toward the Black Sea for a pipeline installation job as part of the second phase of the Sakarya project for Turkish Petroleum - Offshore Technology Center (TP – OTC).In the early hours of December 26, the vessel crossed the Dardanelles Strait, covering a distance of 36 nautical miles in approximately six hours.In the afternoon, it continued its journey through the Sea of Marmara.

27 Dec 2024

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Shell Energy and Chemical Parks at Pulau Bukom (Credit: Shell)

Shell has shut down one of its oil processing units at the Shell Energy and Chemical Parks at Pulau Bukom in Singapore, to facilitate investigation into a suspected leak in the system, Singapore's Maritime and Port Authority (MPA) and National Environment Agency (NEA) said.The oil processing unit is used to produce refined oil products such as diesel. Water drawn from the sea is used as part of the process to cool the refined oil products in the unit.Shell estimated that a few tonnes of the refined oil products were leaked…

27 Dec 2024

Estonia Launches Navy to Protect Baltic Sea Power Link After Baltic Sea Outages

© fotokate / Adobe Stock

Estonia's armed forces have launched a naval operation to protect the Estlink 1 undersea power cable in the Baltic Sea in response to the damage this week of a parallel electricity line, Foreign Minister Margus Tsahkna said on Friday.Finland on Thursday seized a ship carrying Russian oil on suspicion the vessel caused an outage of the Estlink 2 undersea power cable which, like Estlink 1, connects Finland and Estonia, and that it also damaged four internet lines.Baltic Sea nations are on high alert for acts of sabotage following a string of outages of power cables, telecom links and gas pipelin

27 Dec 2024

First Russian Ice-Class LNG Carrier Hits Water

© Evgenii Bakhchev / Adobe Stock

The first Russian-built ice-class liquefied natural gas (LNG) carrier has entered sea trials, LSEG data showed on Friday, as part of Russia's efforts to raise global LNG market share despite U.S. sanctions.The tanker, named Alexey Kosygin after a Soviet statesman, was built at the Zvezda shipyard and is due to join the fleet of vessels for Russia's new Arctic LNG 2 plant, which has been delayed because of the U.S. sanctions over the conflict in Ukraine.The U.S. Treasury has also placed sanctions on the new vessel…

26 Dec 2024

Oil Rises on China Stimulus Hopes, US Inventory Drop

Oil rose almost 1% on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported by an industry report showing a decline in U.S. crude inventories.Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, Reuters reported on Tuesday, citing two sources, as Beijing ramps up fiscal stimulus to revive a faltering economy.Brent crude futures rose 48 cents, or 0.7%, to $74.06 a barrel by 1445 GMT. U.S. West Texas Intermediate crude was at $70.72, up 0.9%, or 62 cents, from Tuesday's pre-Christmas settlement."I see two factors supporting oil prices.

26 Dec 2024

Russia's LNG 'Shadow Fleet' Runs Full Steam Ahead

Copyright Mircea Dobre/AdobeStock

A sanctioned LNG tanker named "Mulan", which approached Novatek's SAAM FSU floating storage facility in Murmansk on December 21, is currently sailing around Northern Europe and heading towards Port Said in Egypt, according to LSEG data. The vessel is expected to arrive at its destination on January 6, 2025.Another LNG tanker, "Pioneer", has entered the transshipment zone at the Koryak FSU floating storage facility in Kamchatka, according to LSEG data.The Pioneer and Mulan are…

26 Dec 2024

Police Looks Into Foreign Ship’s Role in Estonia-Finland Interconnector Outage

(Credit: FinGrid)

Finnish police said on Thursday they are investigating whether a foreign ship was involved in the damage of an undersea power cable connecting Finland and Estonia following a sudden outage on Wednesday.Baltic Sea nations are on high alert for potential acts of sabotage following a string of outages of power cables, telecom links and gas pipelines since 2022, although subsea equipment is also subject to technical malfunction and accidents.The 658 megawatt (MW) Estlink 2 power interconnector remains offline following the outage that began at midday local time on Wednesday, leaving only the 358 M

26 Dec 2024

‘Act of Terrorism’ Sinks Russian Cargo Ship Off Spanish Coast, Vessel Owner Claims

Ursa Major cargo ship (Credit: Oboronlogistika)

A Russian cargo ship that ran into trouble on Monday in the Mediterranean Sea and later sank was rocked by a series of three explosions in "an act of terrorism," state news agency RIA cited the vessel's owner as saying on Wednesday.Russia's Foreign Ministry said on Tuesday that the "Ursa Major," built in 2009, sank after an explosion ripped through its engine room and that two of its 16 crew were missing.RIA cited Oboronlogistika, the ship's ultimate owner and a company that is part of the Russian Defence Ministry's military construction operations…

26 Dec 2024

Russian Gas Exports to Europe Rise 20% in 2024

© Mike Mareen / Adobe Stock

Total exports of Russian gas to European countries have so far been 18-20% higher this year than in 2023, Deputy Prime Minister Alexander Novak said on Wednesday.In January to November, supplies of pipeline gas and liquefied natural gas (LNG) exceeded 50 billion cubic metres, Novak said."Despite all the statements and sanctions pressure because gas is a highly ecological product, it is in demand. And Russian gas is the most cost-efficient, both in terms of logistics and the price…

24 Dec 2024

Russian Cargo Ship Sinks in Mediterranean, Two Crew Missing

Ursa Major cargo ship (Credit: Oboronlogistika)

A Russian cargo ship called Ursa Major sank in the Mediterranean Sea after an explosion ripped through its engine room and two of its crew are still missing, the Russian Foreign Ministry said on Tuesday.The vessel, built in 2009, was controlled by Oboronlogistika, a company that is part of the Russian Defence Ministry's military construction operations, which had previously said it was en route to the Russian far eastern port of Vladivostok with two giant port cranes lashed to…

23 Dec 2024

ABS, Akselos Sign Floating Wind MOU

A depiction of Offshore Floating Wind operations. (c) Akselos

ABS and Akselos have signed a Memorandum of Understanding (MoU) to advance engineering and certification processes for floating offshore wind projects.The companies signed a Memorandum of Understanding (MoU) to collaborate on solutions aimed at optimizing design, reducing costs, and improving efficiency for the floating wind sector globally.The collaboration utilizes ABS's expertise in offshore certification and classification with Akselos' simulation technology for structural risk mitigation and optimization. Together, they aim to support the U.S.

23 Dec 2024

Jan De Nul Nets Export Cables Installation Job for French Floating Wind Farms

Jan De Nul’s cable laying vessel Isaac Newton (Credit: Jan De Nul)

Belgium-based offshore installation contractor Jan De Nul, in partnership with Greek cable maker Hellenic Cables, has entered into a framework agreement to supply and install export cables for two 750 MW floating wind farms off the coast of Southern Brittany in France.The agreement was signed with France's transmission system operator RTE, which is developing an offshore power grid to connect future wind farms.Jan De Nul will install the cables that transport the renewable energy…

20 Dec 2024

BOEM Okays New England Offshore Wind Project

The Interior Department has now approved more than 19 gigawatts of offshore wind energy.The Biden-Harris administration today announced the approval of the SouthCoast Wind Project – the nation’s 11th commercial-scale offshore wind energy project approved under President Biden’s leadership. With today’s approval, the Department and its Bureau of Ocean Energy Management have approved over 19 gigawatts (GW) of clean energy from offshore wind energy projects – enough to power more than 6 million homes.The SouthCoast Wind Project is expected to generate up to 2.4 GW of offshore wind energy for Massachusetts and Rhode Island, enough to power more than 840,000 homes.

20 Dec 2024

China Allows European Representatives to Board Ship Linked to Cable Breach Case

© Björn Wylezich - stock.adobe.com / Adobe Stock

China has allowed representatives from Germany, Sweden, Finland and Denmark to board a Chinese bulk carrier at the centre of an investigation into Baltic Sea cable breaches, the Danish foreign minister said on Thursday.The Yi Peng 3 vessel is wanted in Sweden for questioning over a breach of two undersea fibre-optic cables in November, and has been stationary in waters nearby for a month while diplomats in Stockholm and Beijing discussed the matter.Investigators quickly zeroed in on the ship, which left the Russian port of Ust-Luga on Nov.